
Hot Vancouver real estate market needs post-bid ‘cooling off’ period, says association
The Home Inspectors Association of B.C. is calling for the province to implement a mandatory post-bid “cooling off period” so prospective homebuyers can get a property inspected before they purchase it. The association says homebuyers are increasingly bypassing inspections to win bidding wars in the red-hot housing market in Metro Vancouver. “The market is so hot, if